XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Airdrop (2024)

The XRP price rose 1% in the past 24 hours to trade at $0.5295 as of 00:37 a.m. EST on trading volume that surged 29% to $1 billion.

The XRP price increase comes as Jack Straw, a top influencer on X (formerly Twitter), says that the incoming XRP ledger automated market maker (AMM) will bring staking to Ripple. With the new XRP AMM, users will be able to donate liquidity to the AMMs, creating a staking pool for XRP holders.

XRP Ledger – #XRP Staking coming

XLS 30D pic.twitter.com/lUuJlMS3TH

— Jack Straw (@JackStr42679640) January 16, 2024

As a result, individuals will receive a proportionate amount of earnings while sharing the accompanying exchange risk. Will this be a positive for the XRP price?

XRP Price Trends On A Bullish Ascending Triangle Pattern

XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Airdrop (1)

The XRP price has been in a consolidation phase this month after facing a downtrend from the resistance level at $0.54. The slight price downtrend saw the price use the $0.50 mark as the support zone.

Additionally, the XRP price is trading above the 50-day Simple Moving Average (SMA), supporting the current bullish momentum. If the bullish momentum is sustained, the price will be able to overcome the 200-day SMA hurdle, which coincides with the nearest resistance at $0.5358.

The Relative Strength Index (RSI) indicates a rebound from the oversold regions to trade above the 50-midline level at 57. If the current bullish momentum is sustained, the RSI could rally to the 70-overbought region.

XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Airdrop (2)

Moreover, the Moving Average Convergence Divergence (MACD) line (blue) seems to be rebounding to trade within the same level as the signal line (orange), which further supports a likely breakout to the upside. The red bars further support this, as they are reducing, heading for the upside.

Furthermore, the Average Directional Index (ADX) is trading above the 25 level at 30, which shows that the current trend is very strong.

XRP Price Prediction

The XRP price indicates a likely reversal to the bullish side, as it trades within the upper boundary of the ascending triangle pattern. With this, the bulls may drive the price higher, targeting $0.56.

In a reverse scenario, the bears could exert some pressure, driving the price down to the critical support zone at $0.51.

As the XRP price bulls look for some clarity, meme coins in the Solana ecosystem have been creating some investor excitement. SMOG stands out, with investors talking about its potential as the next BONK, HONK, MYRO or WIF, particularly as they await the release of its highly anticipated supercharged airdrop.

Solana Meme Coin SMOG Sparks Investor Excitement With Huge Airdrop Plan

Solana meme coin SMOGhas rapidly risen among the ranks of the top-performing altcoins in the Solana ecosystem. It aims at emulating the past successes of other Solana-based meme coins like MYRO and BONK.

Currently trending among the most popular coins, analysts believe that SMOG has the potential to surpass the other Solana meme coin stars.

Markets are currently surging, attributed in part to Bitcoin blasting through $50k and partly because of the Chinese Lunar New Year of the Dragon celebrations. The two-week festival has been known to attract investors that aim to leverage the lucky inferences of the season.

SMOG is well positioned to take advantage of these festive celebrations happening globally, as the token has a dragon theme.

Buy $SMOG, Receive The Biggest Airdrop Ever

The SMOG team has allocated a whopping 35% of its 1.4 billion token supply for the supercharged airdrop. The other supply goes to marketing (50%), future exchange listings (10%), and liquidity (5%).

Jupiter airdropped a monumental $700 million to investors, resulting in substantial returns. The $SMOG token pledges an even larger and more enticing airdrop opportunity you don’t want to miss out on.

To join the airdrop, all you have to do is buy and hold $SMOG. You can also be eligible for the airdrop by following SMOG’s social media pages and performing easy daily tasks. The enticing airdrop campaign has already attracted a huge number of followers, significantly boosting the token’s popularity.

XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Airdrop (3)

Jacob Bury, a YouTube crypto analyst, says SMOG is a project that has the potential to yield a 1000X return on investment after launch.

You can buy the SMOG token on its official website to be eligible for the historic airdrop soon. You can also buy directly on JUP DEX.

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XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Airdrop (2024)

FAQs

What is the price prediction for XRP Ripple after lawsuit? ›

An XRP break above the bottom and top trend lines would support a move toward the 50-day EMA. A breakout from the 50-day would give bulls a run at the 200-day EMA and the $0.5739 resistance level. Selling pressure could intensify at the $0.5739 resistance level. The 200-day EMA is confluent with the resistance level.

Should I buy XRP right now? ›

Legal troubles could also be why XRP has fallen 7% this year (as of April 4). This compares unfavorably to the monster 53% gain of Bitcoin and the 54% rise of the overall crypto market. Perhaps investors are slowly losing interest. It's probably best to pass on XRP right now.

What will 1 XRP be worth in 2025? ›

XRP Prediction Table
YearMinimum PriceAverage Price
2025$0.95180481$0.98710128
2026$1.44$1.49
2027$2.03$2.10
2028$2.91$3.00
8 more rows

What is the realistic XRP price prediction? ›

XRP hit $0.30 in the first week of 2023 and has since been in an steady upward trend. XRP broke out of a short-term downtrend at the start of February, bouncing off key support at $0.50. Provided Ripple wins its case against the SEC, our XRP forecast predicts a price of $4.50 by the end of 2025.

Has XRP won the lawsuit? ›

The SEC sued Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen in 2020, accusing them of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP. The SEC dropped its remaining claims against Garlinghouse and Larsen in October.

Will XRP reach 1 dollar? ›

Will XRP reach $1 any time soon? So XRP should gain plenty of value over time from Ripple's money-transfer operations, and the token also benefits from the market-moving impact of predictable Bitcoin gains. I can't promise that XRP will reach $1 per token in 2024, but the general trend line certainly points upward.

Will XRP reach 100 dollars? ›

It is completely absurd to think xrp will ever reach that price. Currently, the trading price of xrp is $0.51 with MC of $27.67B. Probably, the price of xrp might reach $4-$7 or $10 during the bull run.

Will XRP skyrocket? ›

While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction. If the project were to reform significantly to drive value to the XRP token, there is every chance that XRP could soar to new highs.

Is it smart to invest in XRP? ›

Like any investment, XRP comes with its own unique set of risks. But investing in any cryptocurrency is extremely high risk and one should not expect to be protected. XRP is underpinned by blockchain technology, which ensures secure, fast and cost-efficient transactions.

What is a realistic price for XRP in 2030? ›

Lastly, as per the XRP Price Prediction 2030, XRP's price is forecasted to range between $13.80 and $16.24, making an average of $15.02. This long-term optimistic view hinges on Ripple's increasing global recognition and adoption.

Will XRP reach $500 by end of 2025? ›

For XRP to hit $500, it would require an over 1,000-fold increase from its current price. Analysts widely consider this an unattainable milestone due to the massive market cap increase it demands, estimated at over $26 trillion. Despite the improbability of hitting $500, XRP holds substantial growth potential.

What is the XRP price forecast for 2050? ›

XRP's price prediction for 2050 based on the S&P 500 index's historical ROI. If we again base our assumptions on S&P 500's historical ROI, a hypothetical $1,000 investment in XRP made in 2023 would grow to $22,718 by 2050. In other words, XRP's current price of $0.381 would increase by 2,171% to $8.65 in 2050.

Can Ripple be next Bitcoin? ›

In a recent interview with Bloomberg Live, Garlinghouse addressed the question whether XRP is the next Bitcoin. The executive said that if Ripple works with the system to solve the problem (value transfer) at scale, the problem measured in trillions of dollars, then there is a lot of opportunity to create value in XRP.

What crypto will explode in 2024? ›

The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.

Which crypto will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Dogecoin (DOGE)$23.8 Billion$0.1653
Tron (TRX)$10.1 Billion$0.1152
Polkadot (DOT)$10.2 Billion$7.12
Cosmos (ATOM)$3.4 Billion$8.64
6 more rows
Apr 15, 2024

How long will an XRP lawsuit last? ›

Judge Torres will begin deliberating on a penalty for Ripple breaching Section 5 of the Securities Act in May. At this stage, the chances of a settlement will likely have vanished. The SEC may begin preparing an appeal that could leave XRP sidelined through H2 2024.

What is the price prediction for XRP in 2024? ›

XRP is the native crypto token of the Ripple network. XRP price will find resistance around $0.5 and support around $0.41 in April of 2024. Throughout 2024, XRP is expected to move between $0.45 and $1.41 with an average forecasted price of $0.85.

Can XRP reach $20? ›

The bullish momentum can make XRP reach the highest price of $22.40, while conversely, it may see a low price of $15.82. In 2028, the average price at the end of the year is US $20.02.

How much will 1 ethereum be worth in 2030? ›

Ethereum (ETH) Price Prediction 2030

According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,401.11 by 2030.

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